UMC case triggered criticism forced Taiwan to modify the mainland investment system

As a result of the investigation of Lianhua electronics has aroused criticism from some people in the business sector, the Taiwan authorities may consider setting new rules for companies to invest in the mainland. Xie Changting, the newly appointed chief executive of Taiwan, said that if the majority of companies believe that the behavior of China's electronic behavior in the East under the current policy is justified, the government should consider whether to modify these policies. He said that there is no specific timetable. Zhuo Rongtai, a spokesman for the Taiwan administrative office, said: "if the discussion is carried out and the regulation is relaxed, the implementation of the new system will be much more stringent."

Under the restrictions of the Taiwan authorities, Taiwan enterprises have been working hard to develop their business in mainland China in order to obtain the labor cost advantage and the market. Taiwan companies sometimes invest in mainland China from third, such as the British Virgin islands.

Cao Xingcheng, chairman of the board, said in an open letter, he helped build and ship technology, but denied any illegal contact between the two companies.